The trend of falling full-time employment witnessed through from March 2016 seems to have reversed to full-time growth over recent months. The growth uptrend has been reinforced by the latest data released by the Australian Bureau of Statistics (ABS), as per the March 2017 […]
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Four highlights of the Australia’s September quarter inflation figures
As per the Australian Bureau of Statistics (ABS), the Consumer Price Index (CPI) has surged 1.3 per cent through the year to September quarter 2016 compared with a rise of 1.0 per cent over the twelve months to the June quarter 2016. Primarily, the CPI […]
The tale of the Oil Output Freeze deal so far!
In September 2016, oil has witnessed a volatile situation at the back of the OPEC meeting due on 28 September in Algeria. Last week itself, WTI oil surged to US$46.55 getting support from the positive outcomes that market otherwise expected from the preparatory talks (informal […]
Four key things about US economic health in terms of income and poverty
In September 2016, the US Census Bureau released its annual poverty report declaring that 43.1 million Americans lived in poverty in 2015. Let’s now have a look on five key things on US income and poverty data. Better health insurance coverage: Many states […]
Two reasons why Australia’s Services Index hit low levels
The Australian Industry Group Australian Performance of Services Index (Australian PSI®) is indicative of the services activity in the Australian economy, and this index fell 8.9 points to 45 during August 2016 which is below the 50 points level and much below the […]
Two trends about Asia markets’ performance around the latest US Jobs data
Asian markets delivered a subdued performance ahead of US Jobs data: Janet Yellen, the Chair of the Federal Reserve had few days ago indicated about a possible interest rate hike that could be on the cards this year. Given this view, Asian markets traded mixed […]
Is the end to the Australia’s home building boom nearing?
As per the recent property views by AMP Capital’s chief economist Shane Oliver, apartment prices are being said to drop between 15% to 20% in Sydney and Melbourne over the next two years. The rise in multi-dwelling building activities in Brisbane, Sydney, Melbourne and […]
Things to note about Australia’s latest GDP Data
As per the latest data released by the Australian Bureau of Statistics (ABS), real Gross Domestic Product (GDP) for Australia has risen by 0.5 per cent in the June 2016 quarter. This has been slightly below expectations for an increase of 0.6 per […]
No interest rate cut in September 2016
In line with the expectation of the market, the Reserve Bank of Australia (RBA) held the rates steady at 1.5%, as per the monetary policy decision of September 06, 2016. Cash Rate (Source: Reserve Bank of Australia) View on Global economic growth: The Governor, […]
Four highlights of stock market performance in August 2016
As per the latest reporting by Economic Insights, CommSec on global sharemarket performance, following key aspects have been revealed for performance in the month of August: Performance of key Indices (Source: CommSec) Overall a mixed performance by global markets amid various economic developments: Post-Brexit gains […]
Seven things to know about Australian property sector
As the Australia economy dependence is moving away from mining towards service, housing construction boom began, leading to 30% rise in home prices since mid-2012 making Australia one of the world’s least affordable property markets. Accordingly, the rise in home prices slightly softened the […]
Four things to know about the Australian business confidence data
The NAB business confidence index for the month of July 2016 eased slightly to 4 points in the month of July 2016, following a downward revision to 5 points in the previous month. The monthly data released by the National Australia Bank comprises of […]
